Credit Risk Transformation Professionals

Credit Risk Transformation ProfessionalsWorkstream Leads | Business Analysts | Data AnalystsPermanent opportunities | London, Glasgow or NorthamptonWe are recruiting for several permanent positions within a major credit risk transformation programme at a leading financial services organisation. The programme is delivering an advanced risk rating system for Private Banking and Wealth Management, supporting regulatory requirements and the ongoing development of the organisation’s A-IRB framework.The vacancies sit within the same programme and team, but cover different areas of delivery.Depending on your experience, you may be considered for a workstream leadership, business analysis or data analysis position.The opportunityYou’ll work with colleagues across Credit Risk, Modelling, Operations, the wider business and Technology to turn regulatory and business needs into practical solutions. The work spans requirements gathering, data and process analysis, governance, testing and implementation.Workstream LeadsYou’ll take ownership of a defined workstream, coordinating delivery from planning through to completion. This includes managing scope, milestones, risks, issues and dependencies, and keeping senior stakeholders aligned across business, risk and technology teams.Business AnalystsYou’ll help define and document business, functional and data requirements. You’ll facilitate workshops, assess impacts, map current and future processes, and support requirements traceability, testing and business readiness.Data AnalystsYou’ll analyse credit risk data and help translate regulatory and business needs into clear data requirements and specifications. You’ll work with data lineage, quality and controls, and support data governance, testing and reporting.What we’re looking forYou’ll bring experience in credit risk, IRB or a closely related regulatory change or risk transformation environment. Depending on the position, you’ll also have experience in one or more of the following:A-IRB or Basel frameworks, including knowledge of PD, LGD and EAD; familiarity with PRA or CRR requirements is useful.Credit risk data, data lineage, data quality, controls or data specifications.Gathering and documenting requirements, such as business requirements, user stories, functional requirements or data requirements.Leading or delivering workstreams within complex regulatory or risk change programmes.Working with stakeholders across Risk, Credit, Modelling, Operations, Technology and the business.Analysing datasets and validating outputs using tools such as SQL or Excel.Supporting governance, process design, testing, implementation or business readiness.Experience in Private Banking, Wealth Management or wholesale banking would be beneficial. Familiarity with risk appetite, capital management, risk reporting, model governance or the IRB Use Test would also be valuable.LocationsOpportunities are available in London, Glasgow and Northampton. The relevant location will depend on the position.If you have a background in credit risk, IRB, risk data or regulatory transformation and would like to contribute to a significant programme, we’d be pleased to hear from you. Please send your CV and indicate which areas best match your experience.